Smart Lawyers Position to Transition What's It Really Worth to You?: Beyond the Price Tag of Selling Your Law Firm
When it comes to selling your law firm, the question isn't just what's my firm worth? It is what's it worth to me? In this episode, Victoria explores the intangibles behind a sale. The purchase price may grab attention, but for most sellers, factors like time, health, stress, and what comes next in life carry equal or greater weight.
What You'll Learn in This Episode:
• Why the "highest offer" isn't always the best offer • How time commitments in a deal can make or break it • Why health can outweigh every other factor in your decision • The role of stress, peace of mind, and future opportunities in choosing your next step • How to evaluate offers based on your personal goals, not just the dollar signs
If you're considering selling your law firm, this conversation will help you think beyond the balance sheet and get clear on what matters most to you.
Victoria Collier is a seasoned attorney, entrepreneur, and expert in law firm sales and valuations. With a background in law and accounting, including her prior military service and CPA training, she brings a unique perspective on the financial intricacies of business valuations. Victoria helps transform law firms into more valuable and sellable businesses, guiding attorneys through life after law.
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